A currency exchange booth in Istanbul, Turkey. Turkey is considered by many analysts to be a fragile emerging market, vulnerable to external shocks. Photograph: EPA

The rout in emerging-nation assets has spread, as stocks tumbled around the world and demand for havens spiked on intensifying concern that global gro(...)

JP Morgan Chase: one of the top five US banks that are moving ahead of their European rivals in global investment banking. Photograph: Stan Honda/AFP/Getty Images

US banks are moving ahead of their European rivals in global investment banking, taking advantage of strategic upheavals and concerns over capital to (...)

A television screen shows Angela Merkel, Germany’s chancellor, speaking during a Greek bailout news report as a trader monitors financial data inside the Frankfurt Stock Exchange in Frankfurt, Germany, yesterday. Photographer: Martin Leissl/Bloomberg

The Iseq in Dublin soared by about 1.7 per cent as investors celebrated the Greek bailout deal and the avoidance of the country’s exit from the euro.(...)

 Goldman Sachs is expected to to have earned $3.92 in profit per share, down 4.5 per cent from the same period a year earlier. Photograph: Justin Lane/EPA

Many Wall Street banks are expected to report underwhelming second-quarter results this week, after light bond market activity in the spring worsened(...)

John Rusnak: pleaded guilty to bank fraud, and served nearly six years of prison term. Photograph: Algerina Perna/Baltimore Sun

AIB has won approval in a US court to pursue a $500 million fraud claim against Citigroup, which the bank alleges helped so-called rogue trader John (...)

IAG last week formally announced its offer for Aer Lingus, valuing the airline at €1.4 billion

International Consolidated Airlines Group (IAG) must wait until July 15th to find out if the European Commission will approve its €1.4 billion offer (...)

IAG last week formally announced its offer for Aer Lingus, valuing the airline at €1.4 billion

IAG has said Spain’s Banco Santander has agreed to join with other banks to provide the aviation giant with a €1.4 billion loan to help it fund its pr(...)

Morgan Stanley is leading the group of banks said to be ready to supply Uber with $2bn in credit.

Uber is negotiating a $2 billion credit line from a group of Wall Street banks, according to a source. Uber, the car-booking company that has disrup(...)

Traditional big lenders in the US say they are pulling back due to tighter regulatory regime. Photograph: Thinkstock

Non-bank lenders have overtaken US banks to grab a record slice of government-backed mortgages, after regulatory curbs on risk-taking and billions of(...)

Deutsche Bank is studying the potential impact of Britain’s exit from the European Union on the firm’s business in the country and weighing options th(...)